{"latest_run": "2026-08-03T14:50:28.535367+00:00", "coverage_count": 6118, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "PAAS", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 43.0, "avg_conviction_label": "43.0", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "PAAS", "leader_score": "43", "leader_direction": "bullish", "leader_direction_label": "Bullish", "leader_tone": "positive", "leader_read": "The strongest current read leans call-side, which is generally constructive if the chart also supports it."}, "charts": {"sectors": [{"ticker__sector": "Basic Materials", "count": 1, "avg_score": "43.00", "sector_label": "Basic Materials", "industry_label": "", "sector_url": "/structure/us/basic-materials/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "bullish", "count": 1, "bar_width": 100.0}], "score_bands": [{"slug": "80-plus", "label": "80+", "min": "80", "max": null, "title": "80+ conviction options signals", "summary": "The strongest current options reads, where pressure, participation, volatility context, and trend fit are most aligned.", "count": 0, "url": "/options/conviction/80-plus/", "bar_width": 0.0}, {"slug": "60-79", "label": "60-79", "min": "60", "max": "80", "title": "60-79 conviction options signals", "summary": "Strong options setups with meaningful evidence, usually worth deeper confirmation in the ticker detail and weekly chart.", "count": 0, "url": "/options/conviction/60-79/", "bar_width": 0.0}, {"slug": "40-59", "label": "40-59", "min": "40", "max": "60", "title": "40-59 conviction options signals", "summary": "Developing options reads where the tape is active, but one or more confirmation layers still need context.", "count": 1, "url": "/options/conviction/40-59/", "bar_width": 100.0}, {"slug": "under-40", "label": "<40", "min": null, "max": "40", "title": "Under 40 conviction options signals", "summary": "Early, mixed, or lower-conviction options reads that can still be useful as watchlist context.", "count": 0, "url": "/options/conviction/under-40/", "bar_width": 0.0}]}, "signals": [{"symbol": "PAAS", "name": "Pan American Silver Corp.", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Basic Materials", "industry": "Gold", "sector_url": "https://sharemaestro.com/structure/us/basic-materials/", "industry_url": "https://sharemaestro.com/structure/us/basic-materials/gold/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 43.0, "options_pressure_score": 67.22, "trend_confirmation_score": 0.0, "speculation_score": 40.4, "volatility_score": 58.8, "edge_label": "Call-side pressure", "insight": "PAAS shows bullish options pressure with a 43/100 conviction score, put-call volume ratio of 0.26, expected move of 5.6%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-03T12:17:33.973352+00:00", "snapshot": {"fetched_at": "2026-08-03T12:17:33.973352+00:00", "underlying_price": 43.11, "total_contracts": 694, "call_contracts": 347, "put_contracts": 347, "call_volume": 3300, "put_volume": 847, "call_open_interest": 183339, "put_open_interest": 60041, "put_call_volume_ratio": 0.25666667, "put_call_open_interest_ratio": 0.32748624, "volume_open_interest_ratio": 0.0170392, "avg_implied_volatility": 0.518525, "max_pain_strike": 44.0, "expected_move_percent": 5.62514498, "nearest_expiration": "2026-08-07"}, "market": {"latest_close": 43.11, "one_week_change": -2.089484442425619, "one_week_change_label": "-2.1%", "relative_strength": -16.170519, "fair_value_gap_label": "+48.8%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "4x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "-2.1%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Trend conflict", "value": "0", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 80.2, "confidence_label": "80/100", "summary": "Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.", "evidence": [{"label": "Notional split", "value": "C 72% / P 28%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.02", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "0/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "5 Aug", "detail": "Matched earnings event is 2 days away."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction."]}, "flow_divergence": {"label": "Bullish flow against weak price", "tone": "warning", "score": 43.8, "score_label": "44/100", "summary": "Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.", "metrics": [{"label": "Options pressure", "value": "+67"}, {"label": "1W price", "value": "-2.1%"}, {"label": "Call premium", "value": "72%"}, {"label": "Put premium", "value": "28%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 1701, "open_interest": 30757, "premium": 219465.0, "premium_label": "$219,465", "premium_share": 22.5204679052676, "weighted_strike": 46.27395649617872, "avg_iv": 0.6804796774193549, "max_voi": 8.0, "why": "calls cluster with 1701 contracts traded, $219,465 estimated gross traded notional, and 23% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 112, "open_interest": 25385, "premium": 126645.0, "premium_label": "$126,645", "premium_share": 12.995715297940972, "weighted_strike": 35.75, "avg_iv": 0.4501392307692308, "max_voi": 0.25, "why": "calls cluster with 112 contracts traded, $126,645 estimated gross traded notional, and 13% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ATM", "tone": "positive", "volume": 353, "open_interest": 81, "premium": 81355.0, "premium_label": "$81,355", "premium_share": 8.348268135844194, "weighted_strike": 43.9971671388102, "avg_iv": 0.55145, "max_voi": 116.66666667, "why": "calls cluster with 353 contracts traded, $81,355 estimated gross traded notional, and 8% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 229, "open_interest": 100394, "premium": 81013.5, "premium_label": "$81,014", "premium_share": 8.313225009196897, "weighted_strike": 58.29694323144105, "avg_iv": 0.5595095652173913, "max_voi": 0.06578947, "why": "calls cluster with 229 contracts traded, $81,014 estimated gross traded notional, and 8% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 249, "open_interest": 14220, "premium": 74950.0, "premium_label": "$74,950", "premium_share": 7.691017107510568, "weighted_strike": 46.59036144578313, "avg_iv": 0.5635, "max_voi": 0.73076923, "why": "calls cluster with 249 contracts traded, $74,950 estimated gross traded notional, and 8% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $974,514 of estimated gross traded notional, calls \u00b7 8-21 days \u00b7 otm, and a bullish flow against weak price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/6f88b958-ada6-429f-8075-e7bd5858e090/", "research_links": {"chart": "/terminal/6f88b958-ada6-429f-8075-e7bd5858e090/", "report": "/terminal/6f88b958-ada6-429f-8075-e7bd5858e090/report/", "factor": "/factors/ticker/6f88b958-ada6-429f-8075-e7bd5858e090/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}